Winvesta Business Support
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Restricted Business Activity

As part of their ongoing commitment to mitigate the risk of money laundering and terrorist financing, our EMI – TCCL, has a number of restrictions on the type of industries, activities, and countries we support and service. Failure to comply with these restrictions can result in delayed payments or rejected payments with continuous breaches leading to account closure.

Non-permitted Industries – Global

  • Weapons / military-grade security
  • Multi-level marketing
  • Pawnbrokers
  • Political organizations
  • Precious metals and stones
  • Adult entertainment
  • Drug paraphernalia
  • CBD and related products
  • Carbon credits
  • Cryptoassets
  • Gambling
  • Ponzi / pyramid schemes
  • Firms involved in the servicing of illegal goods/services, including but not limited to: counterfeit goods/trademark infringement, human trafficking, child labor, and prostitution.
  • Mining and extraction
  • Speculative trading

Non-permitted Industries – United States of America

  • Chemicals
  • FDA classified medical devices
  • Medications or prescription drugs
  • Alcohol
  • Tobacco
  • Dietary supplements
  • Seeds or plants
  • Regulated financial services
  • Outbound telemarketing

Non-permitted client types

  • Financial Institutions making payments on behalf of other financial institutions, also known as ‘nested relationships’ or ‘layering.’
  • Shell banks
  • Unregistered charities

Non-permitted Activities

  • Clients are not allowed to use our services to speculate changes in FX
  • Transactions deriving from Crypto Currencies